An appointed person is given the legal ability to act on behalf of the principal for particular, restricted tasks or choices through the use of a Special Power of Attorney. A Special Power of Attorney is utilized in specific circumstances, such as managing real estate deals, handling financial problems, or making medical choices, as opposed to a General Power of Attorney, which grants broad powers.
An important legal tool that gives an appointed agent the authority to carry out particular tasks on behalf of the principal is a Special Power of Attorney (SPOA). When certain activities are needed, like selling real estate, handling specific financial transactions, or making healthcare decisions while temporarily incapacitated or absent, this targeted power is perfect. The SPOA offers protection and clarity over a general power of attorney by restricting the agent’s authority to the specific duties outlined in the document. A Special Power of Attorney makes sure the principal’s interests are sufficiently safeguarded while enabling effective administration of specified matters by precisely defining the extent and bounds of the agent’s duties.
Address:-Office No – 403, ITL Twin Towers, Plot No. B-09 Netaji Subhash Place, New Delhi- 110034
Phone no:-9711797800